8 Oct 2018 07:00
FOR IMMEDIATE RELEASE
Timetable for Posting of Offer Document
Promethean Investments LLP ("Promethean"), on behalf of its wholly-owned subsidiary April 1983 Bidco Limited ("April 1983"), provides the following update on the timetable for publication of the offer document in respect of its recommended offer for Produce Investments plc ("Produce").
On 28 September 2018, Produce released an unscheduled update containing news of the phased termination of a major customer contract. Produce had previously announced that it will release financial results for the year ended 30 June 2018 (the "Results") on 12 October 2018. At the request of Promethean and in view of the nature of the update statement, the Takeover Panel has consented to an extension to the deadline for posting of the offer document by April 1983 until 12 October 2018, to coincide with publication of the Results.
For further information, contact:
April 1983/Promethean | |
Via Nplus1 Singer Advisory LLP (Financial Adviser to April 1983) Sandy Fraser / Lauren Kettle / George Tzimas | Tel: 020 7496 3000 |
In accordance with Rule 26.1 of the Takeover Code, a copy of this announcement is available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, for inspection on the website of April 1983 at www.april1983bidco.com promptly and in any event by no later than 12 noon (London time) on the Business Day following the date of this announcement. For the avoidance of doubt, the contents of such website is not incorporated into, and does not form part of, this announcement.